Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business. Meta Platforms META.O rose 4.5% after beating estimates for fourth-quarter revenue, but forecast that first-quarter sales might miss estimates.
It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...
Meta Platforms (NASDAQ: META) stock has benefited from considerable growth since its IPO in 2012. The social media giant, ...
Meta stock is gaining ground Thursday after the social media giant reported strong earnings, but what does Wall Street have ...
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Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, ...
Meta is now spending tens of billions on AI, and there is a war going on between the Big Caps on who can pour the most money into AI. DeepSeek also didn’t hurt Meta as much, and the recent full-year ...
Chinese state-linked social media accounts amplified narratives celebrating the launch of Chinese startup DeepSeek's AI ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
The trajectory for most of our long-term initiatives is going to be a lot clearer by the end of this year,' said CEO Mark ...
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